La Caisse buys 24% stake in India’s Altius Telecom Infrastructure for about ₹12,100 crore

La Caisse will acquire a 24% stake in Altius, with Brookfield continuing as the largest shareholder

New Delhi, September 2, 2026: Canadian Pension Fund La Caisse has purchased a 24 per cent stake in India's biggest independent telecom infrastructure firm, Altius Telecom Infrastructure Trust, for about Rs 12,100 crore, the firm said on Wednesday.Altius owns and operates more than 2,58,000 telecom towers and sites across India, giving it a nationwide presence."Global investment group La Caisse (formerly CDPQ), and Brookfield... announced that La Caisse has invested approximately Rs 121 billion (CAD 1.76 billion) to acquire a 24 per cent stake in Altius Telecom Infrastructure Trust," the statement said.Brookfield Remains Largest InvestorWith the transaction now complete, Brookfield remains Altius' largest investor, alongside La Caisse and existing shareholders who are affiliates of GIC and British Columbia Investment Management Corporation (BCI), the statement said."This is a sector we know well through our investments in telecom towers and digital infrastructure around the world. With Altius, we are investing in an attractive market through an established platform, alongside Brookfield and other institutional partners with whom we have longstanding relationships," Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure and Sustainability at La Caisse, said.Altius Telecom Infrastructure TrustAltius Telecom Infrastructure Trust, formerly Data Infrastructure Trust, is a Sebi-registered infrastructure investment trust (InvIT). Altius is engaged in the provision of passive telecom infrastructure services in India.Also Watch: IPO-Bound Simple Energy Plans Major Fundraise To Boost Production Capacity, Strengthen Supply Chain"La Caisse's investment brings another long-term institutional partner to the platform and reflects confidence in the strength of the business. Alongside our partners, we will continue to support Altius' next phase of growth by deploying our owner-operator capabilities and disciplined, long-term approach to infrastructure investing," Sam Pollock, CEO of Brookfield's Infrastructure group, said.(Disclaimer: Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)

Investment reflects growing demand for mobile connectivity and 5G infrastructure in India. MONTRÉAL and MUMBAI, India, Sept. 2, 2026 /PRNewswire/ -- Global investment group La Caisse (formerly CDPQ), and Brookfield today announced that La Caisse has invested approximately INR 121 billion...